Lost job, need to find cheaper place...

iwantotleave

takman wrote: »

You didn't need to have the seven months rent and bills in the bank. A minimum wage full time job pays around £1090 a month after tax so even if you had only £770 in the bank this would have just about converted you for the 7 months. You could then have got a second job to get the money for other essential expenditure.

Also the fact that your quoting it as £1200 exactly suggests you don't actually have a budget and don't know exactly what you need to pay and how much. Get on the Debt Free Wannabe part of this forum and post a SOA and get suggestions on how to save money. If you don't know how much money you need it's difficult to work out a solution.

I also have to mention that your the one who signed a contract where you agreed to pay the rent for 12 months. You didn't have to do this and could have moved to a place where it had a shorter contract if you have no savings. Which is something to keep in mind in the future.

But your best course of action now is to get your SOA filled out giving details of how much you will earn on your new job and see what people suggest.

Wow. You are actually serious...

I am 19 pounds out.

The actual amount is £1,219. Made up of the following Rent = £990. Electricity £60 direct debit. Gas = £70 direct debit. Water £30. Council Tax (single person) £69.

I'm not including my other necessary expenditure such as my food and travel to work costs. I'm not really interested in having someone tell me how I don't have a budget or how I'm wrong and how I actually can stay where I am whilst exhausting my savings.

I

CANNOT

AFFORD

TO

RENT

ON

MY

NEW

WAGES

How can I make it any clearer?

I was primarily interested in two options. And only two options. 1 - Getting a lodger in to make up the shortfall in the rent. 2 - giving the landlord notice and moving to shared accomodations.

System

You've come onto a forum asking questions and for people to help you sometimes they need to ask questions.

We don't know age, salaries of old or new job. Bottom line is your living somewhere that clearly isn't that comfortable for you. If you don't have much savings it's clear that your rent and bills is a significantly higher percentage of your earnings than normal.

Either than or your lifestyle doesn't facilitate saving money. You entered an agreement and signed a contract. You've asked the question and your landlord has said no.

So your options are move out and pay the money which you can't afford. Or live in the house and get a part time job to supplement your lower salary. Shouldn't be hard to find a weekend bar job or collecting glasses. There's no easy answer or easy way.

takman

iwantotleave wrote: »

Wow. You are actually serious...

I am 19 pounds out.

The actual amount is £1,219. Made up of the following Rent = £990. Electricity £60 direct debit. Gas = £70 direct debit. Water £30. Council Tax (single person) £69.

I'm not including my other necessary expenditure such as my food and travel to work costs. I'm not really interested in having someone tell me how I don't have a budget or how I'm wrong and how I actually can stay where I am whilst exhausting my savings.

I

CANNOT

AFFORD

TO

RENT

ON

MY

NEW

WAGES

How can I make it any clearer?

I was primarily interested in two options. And only two options. 1 - Getting a lodger in to make up the shortfall in the rent. 2 - giving the landlord notice and moving to shared accomodations.

I've given you some useful suggestions, if you decide it's a load of rubbish then that's up to you because the only person loosing out is you. The situation you are in now is purely down to your poor financial planning and if you can't see that then your only going to make the same mistakes in future.
Paying £130 a month for gas and electricity is ridiculous for a single person. I also think paying £990 a month rent is ridiculous for a single person aswell but I'll give you the benefit of the doubt as you could live in an expensive area but there was no need to sign a 12 months contract.

But I'll make one important correction. You can afford to rent on your new wages if you get a second job but your refusing to even consider that.

Also one last point, just think if you were abit sensible and actually lived in shared accommodation instead of committing to a place which cost you £1219 a month on bills alone you might have saved up a good amount of money. This could have also meant you might have been able to buy a place when you got a decent job again instead of throwing money away by renting!.

System

Are you not getting anything in regards to redundancy? If your paying 1200 a month you must be on a good salary which should mean some sort of redundancy package even a month or two wages? Which would help you out.